Director Resignation FIRESTONE ENERGY LIMITED (Incorporated in Australia) (Registration number ABN 058 436 794) Share code on the JSE Limited: FSE Share code on the ASX: FSE ISIN: AU000000FSE6 (SA company registration number 2008/023973/10) ("FSE" or "the Company") About Firestone Energy Firestone Energy Limited is an 20 June 2013 independent, Australian exploration and development company listed on the Australian Stock Exchange Ltd (ASX) and Resignation of a Director the Johannesburg Stock Exchange (JSE). Requisition for Shareholders Meeting Withdrawn Firestone Energy has entered into a Joint Venture with Sekoko Resources (Pty) Ltd through which Firestone Energy has Firestone Energy Limited (ASX/JSE: FSE) (the “Company”, "FSE" or “Firestone”) acquired the right to 60% participation announces that Mr Kobus Terblanche has resigned from the Company effective interests in the Waterberg Coal Project immediately and as a consequence Waterberg Coal Company Limited (ASX: WCC) located in Lephalale area, Limpopo Province, has withdrawn its s249D requisition issued to the Company on 18 June 2013, to South Africa. convene a shareholders' meeting to seek the removal Mr Terblanche as a Director. The first stage of the project is to develop the FSE Chairman, Mr Tim Tebeila said "I would like to thank Mr Terblanche for his Smitspan mine which has a substantial valuable contribution to the board over the past year and a half of his tenure as a measured thermal coal resource and to develop the Vetleegte mine which is a Non Executive Director of the Company, and for his insights on many strategic substantial metallurgical coal deposit. issues. We wish him well in his future endeavours." Firestone Energy is committed to becoming a profitable independent coal and energy producer at its projects in South Africa, thereby making a substantial contribution to the social and economic development of the Yours sincerely, Lephalale area and South Africa. Corporate Details ASX: FSE JSE: FSE Issued Capital: 3,549 million ordinary shares David Knox Chief Executive Officer Major Shareholders: The Waterberg Coal Company Ltd www.firestoneenergy.com.au Sekoko Resources (Pty) Ltd Tel: Australia (+61 08 9287 4600) Linc Energy Ltd South Africa (+27 11 706 3548) BBY Nominees Pty Ltd Directors and Officers Non Executive Directors: Mr Tim Tebeila (Chairman) Dr Pius Kasolo Ben Mphahlele Kobus Terblanche Brian McMaster Stephen Miller Officers: Mr David Knox CEO and Executive Director Ms Amanda Matthee CFO Mr Jerry Monzu Company Secretary Contact: Suite B9, 431 Roberts Road Subiaco, Western Australia 6008 Tel: +61 (08) 9287 4600 Web: www.firestoneenergy.com.au Johannesburg 20 June 2013 Sponsor River Group Date: 21/06/2013 08:08:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.